'Market and Human' Psychology perspectives with tips on how to avoid common mistakes by 
I bring this up because of the very strong move down on the EUR/USD. Let me explain the big picture “sentiment” and then I will offer some explanation on how to take advantage of a strong tide flow.
How many times do you find yourself trading against the current market sentiment? Are you long when the market is going short? Are you trying to trade a trend when the market is range bound?
If you know something about tides you know that there are smaller ebb and flows as well as much larger highs and lows. Think of the market as tidal so that you don’t find yourself trying to swim against the tide.
The two most important questions that I have had to learn to teach myself to ask before every trade (trading session) are:
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What is the general sentiment of the market – (Range-bound or trending)
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What is the current session sentiment – (Up or down)
When I feel reasonably confident I can answer these questions for myself, then I decide to go long or short. Otherwise what I tend to do is see every correction as a potential reversal. This causes me to try and trade against the tide.
So what I focus on is:
Buy on dips in a rising market
Sell on tops in a falling market
The next blog will show how to do this using candle patterns and types as points for these tops and dips.
Cheers